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    STUDIA OECONOMICA - Issue no. 1 / 2005  

Authors:  DANA E. BAKO.
  Abstract:  Using Non Tariff Barriers for Correcting Markets Inefficiencies. Product labelling is considered a type of technical measure that governments use to correct inefficiencies in markets and to achieve other regulatory goals. The purpose of labelling regimes is to inform consumers about attributes of products or how they are produced. Labelling can take various forms, ranging from mandatory information disclosure requirements to private voluntary programs. Because labelling per se does not oblige producers to modify their products in order to enter a market, labelling usually is considered a relatively trade-friendly regulatory approach. Nevertheless, by design or effect, labelling can be costly for businesses and restrict trade.  
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